1-bed · 805 sqftPark Terrace, Dubai Silicon Oasis · 2nd floor · completed 2010

212, Park Terrace

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 580K26 June 2024
Current rentAED 55K /yr16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Park Terrace

What is 212 worth today?

Last sold for AED 580,000 in 2024

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16 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
14 Aug 2024RentedNew contract
AED 72,000/yr12 months · AED 100 per sqft
26 Jun 2024SoldReady
AED 580,000AED 720 per sqft
15 Dec 2022RentedNew contract
AED 53,000/yr12 months · AED 73 per sqft
1 Feb 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
1 Mar 2018RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
6 May 2016RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
1 Dec 2014RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
2nd of 11
Parking
B1/69
Developer
Madison Holdingo
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 580K · June 2024
Building
Park Terrace

About 212, Park Terrace

212 is a one-bedroom apartment of 805 sqft on the 2nd floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 26 June 2024 for AED 580,000, or AED 720 per sqft, 35% above the AED 532 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 16 August 2024, is AED 55,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical one-bed in Park Terrace
400K600K800K2010201520202025Typical sale price by year: 2010 AED 581,608; 2011 AED 451,306; 2012 AED 547,060; 2013 AED 607,846; 2014 AED 519,225; 2015 AED 607,570; 2016 AED 580,600; 2017 AED 640,000; 2018 AED 490,000; 2019 AED 475,000; 2021 AED 317,102; 2023 AED 437,500; 2024 AED 555,000; 2025 AED 690,000; 2026 AED 730,000Sold by developer, April 2011: AED 503,125 (AED 624 per sqft)Sold, June 2024: AED 580,000 (AED 720 per sqft)

212 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 212, each contractTypical one-bed in Park Terrace
40K60K2012201620202024Typical rent by year: 2012 AED 44,000; 2013 AED 53,000; 2014 AED 60,000; 2015 AED 70,000; 2016 AED 64,000; 2017 AED 60,000; 2018 AED 50,500; 2019 AED 43,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 38,750; 2023 AED 55,000; 2024 AED 61,000; 2025 AED 70,000; 2026 AED 61,450New contract, December 2013: AED 44,000 a yearNew contract, December 2014: AED 44,000 a yearNew contract, May 2016: AED 65,000 a yearNew contract, March 2018: AED 50,000 a yearNew contract, February 2020: AED 35,000 a yearNew contract, December 2022: AED 53,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, August 2024: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Terrace, and where 212 sits

All 49 1-beds →

212 last sold in June 2024 at AED 720 per sqft, 35% above what one-beds in Park Terrace were fetching at the time (AED 532). Over the last 12 months one-beds sold for AED 720,000 to 800,000, around AED 883 per sqft, and rent for AED 30,000 to 143,000 a year. 212's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 May 2026720,000
17 Feb 2026800,000
19 Jan 2026730,000
24 Sep 2025700,000
3 1-bed sales in the last 12 months

Park Terrace

Building

94 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Madison Holdingo. 9 sold in the last 12 months.

Typical price per sqft
AED 883
Typical sale
AED 1.2M
Typical rent
AED 73K /yr
Typical yield
8.2%
Park Terrace, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 94 units in Park Terrace
Value
2011-bedAED 730K · Jan 2026
202StudioAED 515K · Jul 2014
2031-bedAED 685K · Jun 2017
2041-bedAED 555K · Jul 2024
205StudioAED 328K · Oct 2010
2061-bedAED 640K · Jun 2017
2071-bedAED 720K · May 2026
1–7 of 11

212, Park Terrace in numbers

  • Sold twice: first on 24 April 2011 for AED 503,125, last on 26 June 2024 for AED 580,000 (AED 720 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 35,000 in 2020 and recovered to AED 55,000 by August 2024.
  • At AED 55,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 10,700 a year (AED 13.33 per sqft).
  • One-beds in Park Terrace sold for AED 720,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.

Source: Dubai Land Department. Updated 16 August 2024.

Questions about 212, Park Terrace

What did unit 212 last sell for?

AED 580,000 on 26 June 2024: AED 720 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 503,125 in April 2011.

What is the rent for unit 212?

AED 55,000 a year on the contract signed on 16 August 2024. The previous contract, from August 2024, was AED 72,000; the unit has been rented since December 2013.

How big is unit 212?

805 sqft (74.8 sqm): a one-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2010.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Terrace sold for AED 720,000 to 800,000 in the last 12 months, around AED 883 per sqft.

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Mortgage on 212, Park Terrace

Starts from the last sale price (AED 580K, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →